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Rise in remittances expected to slow down

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American bank JP Morgan Chase expects the rate of rise of the money sent home by overseas workers—a key driver of economic growth—to slow down to 5.2 percent this year.

Posted: July 18th, 2014 in Editor's Pick,Headlines | Read More »

US remittance clampdown worries central bank

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Local officials have raised concerns over recent rules in the United States, which may constrict the flow of remittances to the Philippines, threatening the country’s largest source of dollars.

Posted: July 17th, 2014 in Headlines | Read More »

Remittances up 5.7% in first 5 months to $8.9B

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Cash transfers from the country’s migrant workers rose in May in line with government expectations as Filipinos remained in demand to fill both skilled and unskilled positions around the world.

Posted: July 15th, 2014 in Headlines | Read More »

OFW remittances rose 5.4% to $2B—BSP

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Bangko Sentral ng Pilipinas building INQUIRER FILE PHOTO

Cash transfers from the country’s migrant workers rose in line with government expectations in May, as Filipinos remained in-demand to fill both skilled and unskilled positions around the world.

Posted: July 15th, 2014 in Latest Business Stories | Read More »

BOP in May posts biggest surplus for 2014

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INQUIRER FILE PHOTO

More money entered the country than what went out in May, a reflection that emerging markets have started to regain their attractiveness to foreign investors.

Posted: June 21st, 2014 in Editor's Pick,Headlines | Read More »

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